Washington, DC - The US chemical production regional index (US CPRI) age time by 0.1% July, following an upwardly revised 0.2% gain in June, according to the American Chemistry Council. During July, chemical production was lower in all regions of the US.
On a three-month moving average, output of the nation's overall manufacturing sector edged higher by 0.1% July, following revised flat growth in June. Within the manufacturing sector, output in several key chemistry end-use markets grew, including appliances, construction materials, plastic products, and textiles.
Compared to July 2012, total chemical production in all regions expanded to a 1.4% year-on-year gain, following an upwardly revised 1.2% gain in June. All regions, except the West Coast, were ahead compared to a year ago.
The US CPRI was developed by Moore Economics to track chemical production activity in seven regions of the US.